Tariffs make US bourbon an endangered species in European bars
The EU's recent implementation of a 25 per cent tariff on bourbon has seen a severe drop in revenue for producers
Small US bourbon producers are finding that European drinkers love their products. It’s those tariffs that don’t go down so smoothly.
Following the European Union’s June implementation of a 25 per cent tariff on bourbon, the popular US whiskey variety, the impact has been clear. One American producer said his exports have “dropped to zero” as a result. Last year, they made up 15 per cent of revenue.
“Every UK buyer backed off,” ...
